Are you considering installing solar panels in San Diego? Wondering how much it will cost? Look no further! In this article, I’ll break down the average cost of solar installation in San Diego, providing you with valuable information to help you make an informed decision.
Key Takeaways:
- The average cost of a 5 kW solar panel system in San Diego ranges from $12,792 to $17,308, with an average gross price of $15,050.
- Solar quotes on the EnergySage Marketplace can be up to 20% lower than working with a single solar company.
- The average payback period for a 5 kW system in San Diego is 4.41 years, with estimated 20-year savings of $71,617.
- System cost and cost after applying the federal investment tax credit (ITC) for different system sizes:
Now, let’s take a closer look at the breakdown of solar panel costs based on system size in San Diego.
Average Solar Panel Cost by System Size in San Diego, CA
The average cost of solar panels in San Diego, CA varies based on the system size. Here is the breakdown of system cost and cost after applying the federal investment tax credit (ITC) for different system sizes:
| System Size (kW) | System Cost | System Cost (after ITC) |
|---|---|---|
| 3 | $9,030 | $6,321 |
| 4 | $12,040 | $8,428 |
| 5 | $15,050 | $10,535 |
| 6 | $18,060 | $12,642 |
| 7 | $21,070 | $14,749 |
| 8 | $24,080 | $16,856 |
| 9 | $27,090 | $18,963 |
| 10 | $30,100 | $21,070 |
The graph shows that for a 5 kW system in San Diego, prices can range from $12,792 or less (great price), to the market average of $15,050, to $17,308 or more (above market). It’s important to note that these prices include the federal investment tax credit (ITC), which significantly reduces the overall cost. You can save thousands of dollars by taking advantage of the available solar incentives.
Estimated Cost of Solar Panels in San Diego
“The average cost of solar panels in San Diego, CA varies based on the system size. Here is the breakdown of system cost and cost after applying the federal investment tax credit (ITC) for different system sizes:
- 3 kW: System Cost – $9,030, System Cost (after ITC) – $6,321
- 4 kW: System Cost – $12,040, System Cost (after ITC) – $8,428
- 5 kW: System Cost – $15,050, System Cost (after ITC) – $10,535
- 6 kW: System Cost – $18,060, System Cost (after ITC) – $12,642
- 7 kW: System Cost – $21,070, System Cost (after ITC) – $14,749
- 8 kW: System Cost – $24,080, System Cost (after ITC) – $16,856
- 9 kW: System Cost – $27,090, System Cost (after ITC) – $18,963
- 10 kW: System Cost – $30,100, System Cost (after ITC) – $21,070
As you can see, the cost increases as the system size goes up. However, the cost after applying the federal investment tax credit (ITC) decreases significantly, making solar more affordable. It’s important to consider both the upfront system cost and the cost after incentives when evaluating the financial feasibility of solar panel installation in San Diego.
By understanding the average cost to install solar panels in San Diego, you can make an informed decision about going solar. It’s worth exploring various system sizes and considering the available incentives to find the best fit for your home and budget. Remember, the cost savings and environmental benefits of solar energy can make it a worthwhile investment in the long run.
Is Solar Worth It in San Diego, CA?
Solar is definitely worth it in San Diego, CA. With potential savings of around $71,617 over 20 years, installing an average-sized solar system can provide significant long-term financial benefits. Additionally, the 30% solar investment tax credit (ITC) makes solar installations in San Diego even more attractive by offering additional savings.
Financing options, such as $0-down loans, allow homeowners to start reaping the benefits of solar energy from day one without any upfront costs. By taking advantage of these financing options, individuals can enjoy reduced energy bills and a positive impact on the environment.
When considering the cost of solar panels in San Diego, several factors come into play. System size, panel brand and quality, panel type, roof characteristics, and the installation company all contribute to the overall price. It is essential to compare multiple solar quotes to find the best price. By utilizing the EnergySage Marketplace, which promotes competition and transparency, homeowners can potentially save between 15 to 25 percent on their solar panel installation price in San Diego.
FAQ
How much does it cost to install solar in San Diego?
The average cost of installing solar panels in San Diego, CA is $3.01 per watt. For a 5 kW system, the average cost ranges from $12,792 to $17,308, with an average gross price of $15,050. These prices include the 30% federal investment tax credit (ITC) and other state and local solar incentives, which can bring the net price down by thousands of dollars.
What is the average payback period for a solar panel system in San Diego?
The average payback period for a 5 kW solar panel system in San Diego is 4.41 years. Over a 20-year period, the estimated savings can be around $71,617.
How can I find the best price for solar panels in San Diego?
Comparing multiple solar quotes is essential to find the best price. By using the EnergySage Marketplace, you can potentially find prices up to 20% lower than working with a single solar company. Competition and transparency can result in savings of 15 to 25 percent when going solar through the EnergySage Marketplace.
What factors determine the price of solar panels in San Diego?
The price of solar panels in San Diego is determined by factors such as system size, panel brand and quality, panel type, roof characteristics, and the installation company. It’s important to consider these factors when comparing solar quotes to ensure you are getting the best price for your specific needs.
Are there any solar incentives available in San Diego, CA?
Yes, there are solar incentives available in San Diego, including the 30% federal investment tax credit (ITC). This tax credit can help reduce the upfront cost of installing solar panels. Additionally, there may be other state and local incentives that can further lower the net price of solar installations in San Diego.
Which solar installers are popular choices in San Diego, CA?
Trusted solar installers like G C Electric Solar, Solar Optimum, and NRG Clean Power Inc. are popular choices in San Diego, CA. It’s always a good idea to research and compare different installers to find the one that best fits your needs and budget.